Is there a possibility of a new lower VAT rate?
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- What is VAT?
- What is the difference between a price including VAT and a price excluding VAT?
- Why do we have to pay VAT?
- Where does the money from VAT go?
- Why is VAT being reduced on 1 January 2023?
- How long will VAT remain at 16%?
- What will happen when VAT returns to 17%?
- Is there a possibility of a new lower VAT rate?
- The situation at POST
Is there a possibility of a new lower VAT rate?
At this stage, we do not have enough information available to be able to decide whether or not a second VAT cut is possible. This remains for the Government to decide.
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